Belt, Road aims at global development

China appreciates the World Bank's support for the Belt and Road as well as the bank's own reforms, which have increased the share of developing countries, President Xi Jinping said on Monday.

The Belt and Road Initiative, put forward by China, aims to promote global development and cooperation through boosting interconnectivity, Xi said while meeting with Jim Yong Kim, president of the World Bank, at the Diaoyutai State Guesthouse in Beijing.

The Belt and Road Initiative proposed by Xi is visionary and has greatly promoted international cooperation and poverty reduction, Kim said.